Information Builders Partners with Morningstar Systems

Information Builders, the Web Business Intelligence company, announced a partnership with Morningstar Systems, a leading integrator of collaborative intranet and extranet business solutions based on Open Text's Livelink application. Through the new alliance, Morningstar will integrate Information Builders' market-leading WebFOCUS Business Intelligence Solution into fully customized Livelink corporate intranets, extranets and various knowledge management systems.

With WebFOCUS, Morningstar develops self-service, reporting and business analysis systems for its customers enabling them to unlock data residing in disparate information systems anywhere in the enterprise and access it via their corporate intranet. This allows Morningstar customers to transform data into useful business information and perform real-time query and analysis -- regardless of structure or platform.

"We are dedicated to providing our customers with the most complete, leading-edge systems for their enterprise," stated Michael Kumpf, president and CEO of Morningstar Systems. "After complete evaluations of all major business intelligence tools on the market, it was clear that Information Builders' WebFOCUS was the absolute choice."

"We're pleased with the benefits that this partnership will provide Morningstar's customers," said Marty Meyers, vice president of Channels Marketing for Information Builders. "The combination of Morningstar's industry expertise and Information Builders' business intelligence solutions and data access capabilities, will ensure seamless integration of the enterprise with the corporate intranet."

About Morningstar Systems Inc

Founded in 1995 and based in Owings Mills, MD, Morningstar develops and deploys highly scalable business intranet and extranet solutions, encompassing collaboration, Web content management, search, and e-commerce transactions. Although many of the future software tools will act independently of each other, the backbone of current integrated Web strategy is Open Text's Livelink. Livelink is a richly featured enterprise document management, virtual team collaboration, business process automation, enterprise group scheduling and information retrieval service which is tightly integrated, easily customized and extended. Many Morningstar customers already know what others are just beginning to discover: that is, private intranets bring immediate gains in helping people and organizations find information, work together, automate processes and effectively distribute results, translating into higher productivity, lower costs, and increased marketplace competitiveness. To learn more about Morningstar's services, visit www.mstarsys.com.

About Information Builders

Information Builders, a leader in Web Business Intelligence, is one of the world's largest independent software companies. Headquartered in New York, Information Builders helps companies and government organizations improve their mission-critical operations by transforming data into usable intelligence and delivering it through the Internet. With their market-leading WebFOCUS product, Information Builders boasts more than 9,000 global customer sites, including 92 of the Fortune 100, among its current customers. The company employs 2,000 professionals worldwide and generated revenues exceeding $335 million in 1999. For more information, visit www.informationbuilders.com.

Contact Alicia Dollard, 212-593-6343, dollarda@ruderfinn.com of Ruder Finn for Information Builders or Sean Gamber of Morningstar Systems, 410-902-7633 x22, sgamber@mstarsys.com.